Archives for Meta - Page 3
Marvel’s Deadpool VR Announced as a Quest 3 Exclusive Starring Neil Patrick Harris
Image: Marvel Games / Meta One of Marvel's most irreverent characters is getting a game built specifically for virtual reality. At Summer Game Fest on June 6, Meta announced Marvel's…
Reality Labs Loses $4.21 Billion in Q1 2025 as Revenue Falls Year Over Year
Chart: Virtual Reality Times, from Meta's Q1 2025 results Meta's Reality Labs division began 2025 with another substantial operating deficit. The company's April 30 earnings release reports $412 million in…
Meta Cuts Jobs Across VR Teams as Supernatural and Sanzaru Report Staff Losses
Image: Supernatural / Meta Meta's investment in VR content is undergoing another round of changes. Reporting published April 24 indicates the company has laid off employees across parts of its…
Meta Reality Labs Posts $4.97 Billion Quarterly Loss as XR Spending Continues
Chart: Virtual Reality Times, from Meta's Q4 2024 results Meta's long-term investment in virtual and augmented reality remains exceptionally expensive. In financial results released January 29, the company reported a…
Meta Announces Quest 3 VR Headset, to Cost $499
Meta has officially revealed its next major headset, the Meta Quest 3. The headset will be available in all countries “where Meta Quest is currently supported” and will launch this…
Meta’s Reality Labs Posted $3.99 Billion First Quarter Loss
Meta’s Reality Labs continues to rack up huge losses according to the latest quarterly earnings report. In the first quarter of 2023, the division incurred an operating loss amounting to…
Upcoming Meta Quest 3 Headset to Have an “Accessible” Price
Meta recently posted very strong quarterly numbers with Zuckerberg assuring that the company will stay on course as far as its metaverse focus goes. After a lackluster performance and plummeting…
Some Meta Employees Working on Metaverse Projects Earning Up to $1 Million
The Washington Post is reporting that some Meta employees working on its metaverse projects, mainly programmers, are earning salaries of up to a million dollars. The Post is reporting that…
Meta Reality Lab Outlines its Mixed Reality Vision
Meta has had a tough year in 2022, facing increasing pushback and skepticism from investors over its huge bets on the loss-making metaverse projects and a general slowdown in its…
Meta Quest 2 and Meta Quest Pro Are Now Officially Available in Germany After 2-Year Absence
Both Meta Quest 2 and Meta Quest Pro are now officially sold in Germany. Although German authorities never officially banned Meta from selling its hardware in the country, the company…